netfalls / Depositphotos In a newly published report from US Industry expert, Steve Ruddock, it has been revealed that the people of New Jersey spend the most on online casino per resident, in jurisdictions where regulated online casino is operational.
What is most notable from the report is the sharp rise in Online Casino & Poker Revenue in new Jersey Following the launch of mobile sports betting in 2018. #1 New Jersey: $48.10 Spent Per Resident on Online Casino
Market Competitiveness – 30 Unique Brands
Operator Burdens – $200,000 Licensing Fee and a 15% tax Rate
Market Maturity – Approaching 10-Year Anniversary
Products Offered – Live Dealer and Poker available
Mobile Sports Betting – Yes, N.J. is a top sports betting market
“Along with Nevada and Delaware, New Jersey is one of the original three online casino markets. Nevada launched its first online poker room in April 2013. Delaware and New Jersey launched within a few weeks of one another later that year.
“Launch date proximity is the only similarity between New Jersey and Nevada and Delaware. The Garden State is the top-performing online casino state, while Delaware and Nevada bring up the rear. Here’s why. “In addition to being a mature market, New Jersey has an open, competitive structure with a lot of operators, low operator burdens, has no significant product restrictions, and is one of the top sports betting markets. “The final point is perfectly illustrated in the following chart, where online casino revenue growth explodes soon after the launch of mobile sports betting in New Jersey” – Steve Ruddock, Gambling.com About Gambling.com Gambling.com is the flagship brand for Nasdaq listed Gambling.com Group (GAMB); a multi award-winning provider of digital marketing services for the global, regulated online gambling industry. The Group publishes informational portals that offer comparisons and reviews of regulated online gambling websites around the world.
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